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On January 2 , 2 0 2 3 , Sheffield Corp. purchased 1 0 0 of the 1 0 0 0 outstanding common shares of
On January Sheffield Corp. purchased of the outstanding common shares of Sheridan Ltd for $ During Sheridan declared total cash dividends of $ and reported net income for the year of $ If Sheffield uses the cost model to account for its investment in Sheridan, Sheffield's Investment in Sheridan Ltd account at December should be
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